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Maplebear Inc.（CART）与Monolithic Power Systems（MPWR）财务数据对比。点击上方公司名可切换其他公司
Maplebear Inc.的季度营收约是Monolithic Power Systems的1.2倍（$992.0M vs $804.2M），Monolithic Power Systems净利率更高（24.0% vs 8.2%，领先15.9%），Monolithic Power Systems同比增速更快（26.1% vs 12.3%），过去两年Monolithic Power Systems的营收复合增速更高（25.9% vs 10.0%）
Maplebear Inc. 以Instacart为品牌开展业务，是总部位于美国旧金山的零售媒体及配送企业，在美国和加拿大运营生鲜杂货配送与自提服务。用户可通过官网及移动应用从合作商户订购食品杂货，在法律允许的地区还可选购酒类商品，所有订单由专属采购专员负责拣选、打包并配送上门。
Monolithic Power Systems（简称MPS）是一家美国上市企业，总部位于华盛顿州柯克兰市，主营高性能电源管理类产品的研发、生产与销售，目前在全球范围内设有超过15个运营站点，业务覆盖多个国家和地区。
CART vs MPWR — 直观对比
营收规模更大
CART
是对方的1.2倍
$804.2M
营收增速更快
MPWR
高出13.8%
12.3%
净利率更高
MPWR
高出15.9%
8.2%
两年增速更快
MPWR
近两年复合增速
10.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $992.0M | $804.2M |
| 净利润 | $81.0M | $193.2M |
| 毛利率 | 72.3% | 55.3% |
| 营业利润率 | 9.9% | 30.0% |
| 净利率 | 8.2% | 24.0% |
| 营收同比 | 12.3% | 26.1% |
| 净利润同比 | -45.3% | 43.1% |
| 每股收益（稀释后） | $0.31 | $3.92 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CARTMPWR
| Q1 26 | — | $804.2M | ||
| Q4 25 | $992.0M | $751.2M | ||
| Q3 25 | $939.0M | $737.2M | ||
| Q2 25 | $914.0M | $664.6M | ||
| Q1 25 | $897.0M | $637.6M | ||
| Q4 24 | $883.0M | $621.7M | ||
| Q3 24 | $852.0M | $620.1M | ||
| Q2 24 | $823.0M | $507.4M |
净利润CARTMPWR
| Q1 26 | — | $193.2M | ||
| Q4 25 | $81.0M | $171.7M | ||
| Q3 25 | $144.0M | $179.8M | ||
| Q2 25 | $116.0M | $135.0M | ||
| Q1 25 | $106.0M | $135.1M | ||
| Q4 24 | $148.0M | $1.3B | ||
| Q3 24 | $118.0M | $144.4M | ||
| Q2 24 | $61.0M | $100.4M |
毛利率CARTMPWR
| Q1 26 | — | 55.3% | ||
| Q4 25 | 72.3% | 55.2% | ||
| Q3 25 | 73.7% | 55.1% | ||
| Q2 25 | 74.2% | 55.1% | ||
| Q1 25 | 74.8% | 55.4% | ||
| Q4 24 | 75.2% | 55.4% | ||
| Q3 24 | 75.2% | 55.4% | ||
| Q2 24 | 75.7% | 55.3% |
营业利润率CARTMPWR
| Q1 26 | — | 30.0% | ||
| Q4 25 | 9.9% | 26.6% | ||
| Q3 25 | 17.7% | 26.5% | ||
| Q2 25 | 13.6% | 24.8% | ||
| Q1 25 | 12.3% | 26.5% | ||
| Q4 24 | 17.6% | 26.3% | ||
| Q3 24 | 16.2% | 26.5% | ||
| Q2 24 | 6.3% | 23.0% |
净利率CARTMPWR
| Q1 26 | — | 24.0% | ||
| Q4 25 | 8.2% | 22.9% | ||
| Q3 25 | 15.3% | 24.4% | ||
| Q2 25 | 12.7% | 20.3% | ||
| Q1 25 | 11.8% | 21.2% | ||
| Q4 24 | 16.8% | 201.8% | ||
| Q3 24 | 13.8% | 23.3% | ||
| Q2 24 | 7.4% | 19.8% |
每股收益（稀释后）CARTMPWR
| Q1 26 | — | $3.92 | ||
| Q4 25 | $0.31 | $3.50 | ||
| Q3 25 | $0.51 | $3.74 | ||
| Q2 25 | $0.41 | $2.81 | ||
| Q1 25 | $0.37 | $2.81 | ||
| Q4 24 | $0.53 | $25.71 | ||
| Q3 24 | $0.42 | $2.95 | ||
| Q2 24 | $0.20 | $2.05 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $687.0M | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.5B | $3.7B |
| 总资产 | $3.7B | $4.4B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CARTMPWR
| Q1 26 | — | $1.4B | ||
| Q4 25 | $687.0M | $1.3B | ||
| Q3 25 | $1.7B | $1.3B | ||
| Q2 25 | $1.6B | $1.1B | ||
| Q1 25 | $1.6B | $1.0B | ||
| Q4 24 | $1.4B | $862.9M | ||
| Q3 24 | $1.3B | $1.5B | ||
| Q2 24 | $1.4B | $1.3B |
股东权益CARTMPWR
| Q1 26 | — | $3.7B | ||
| Q4 25 | $2.5B | $3.5B | ||
| Q3 25 | $3.5B | $3.4B | ||
| Q2 25 | $3.3B | $3.2B | ||
| Q1 25 | $3.2B | $3.1B | ||
| Q4 24 | $3.1B | $3.0B | ||
| Q3 24 | $2.9B | $2.4B | ||
| Q2 24 | $3.0B | $2.2B |
总资产CARTMPWR
| Q1 26 | — | $4.4B | ||
| Q4 25 | $3.7B | $4.2B | ||
| Q3 25 | $4.5B | $4.1B | ||
| Q2 25 | $4.4B | $3.9B | ||
| Q1 25 | $4.3B | $3.7B | ||
| Q4 24 | $4.1B | $3.5B | ||
| Q3 24 | $3.9B | $2.9B | ||
| Q2 24 | $4.0B | $2.6B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $183.0M | — |
| 自由现金流经营现金流 - 资本支出 | $171.0M | — |
| 自由现金流率自由现金流/营收 | 17.2% | — |
| 资本支出强度资本支出/营收 | 1.2% | — |
| 现金转化率经营现金流/净利润 | 2.26× | — |
| 过去12个月自由现金流最近4个季度 | $910.0M | — |
8季度趋势，按日历期对齐
经营现金流CARTMPWR
| Q1 26 | — | — | ||
| Q4 25 | $183.0M | $104.9M | ||
| Q3 25 | $287.0M | $239.3M | ||
| Q2 25 | $203.0M | $237.6M | ||
| Q1 25 | $298.0M | $256.4M | ||
| Q4 24 | $153.0M | $167.7M | ||
| Q3 24 | $185.0M | $231.7M | ||
| Q2 24 | $244.0M | $141.0M |
自由现金流CARTMPWR
| Q1 26 | — | — | ||
| Q4 25 | $171.0M | $63.9M | ||
| Q3 25 | $272.0M | $196.8M | ||
| Q2 25 | $187.0M | $189.5M | ||
| Q1 25 | $280.0M | $216.0M | ||
| Q4 24 | $141.0M | $102.9M | ||
| Q3 24 | $171.0M | $197.9M | ||
| Q2 24 | $220.0M | $109.5M |
自由现金流率CARTMPWR
| Q1 26 | — | — | ||
| Q4 25 | 17.2% | 8.5% | ||
| Q3 25 | 29.0% | 26.7% | ||
| Q2 25 | 20.5% | 28.5% | ||
| Q1 25 | 31.2% | 33.9% | ||
| Q4 24 | 16.0% | 16.5% | ||
| Q3 24 | 20.1% | 31.9% | ||
| Q2 24 | 26.7% | 21.6% |
资本支出强度CARTMPWR
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | 5.5% | ||
| Q3 25 | 1.6% | 5.8% | ||
| Q2 25 | 1.8% | 7.2% | ||
| Q1 25 | 2.0% | 6.3% | ||
| Q4 24 | 1.4% | 10.4% | ||
| Q3 24 | 1.6% | 5.5% | ||
| Q2 24 | 2.9% | 6.2% |
现金转化率CARTMPWR
| Q1 26 | — | — | ||
| Q4 25 | 2.26× | 0.61× | ||
| Q3 25 | 1.99× | 1.33× | ||
| Q2 25 | 1.75× | 1.76× | ||
| Q1 25 | 2.81× | 1.90× | ||
| Q4 24 | 1.03× | 0.13× | ||
| Q3 24 | 1.57× | 1.60× | ||
| Q2 24 | 4.00× | 1.40× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CART
| Transaction | $698.0M | 70% |
| Advertising And Other | $294.0M | 30% |
MPWR
暂无分部数据
